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A hospital is considering the purchase of a new medical device. The equipment will have a first cost of $104,966, annual revenues of $27,982, and
A hospital is considering the purchase of a new medical device. The equipment will have a first cost of $104,966, annual revenues of $27,982, and a salvage value of $31,057. The asset will be depreciated using the 200% declining balance method over its 8 year life. Determine the depreciation amount, Dt, in year 1.
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